What will 2016 Look like?
Gold investors invest in gold when they need a “safe heaven.”
Silver is the closest precious metal that investors buy and sell if they don’t want to specifically buy or sell gold.
The prices of these two precious metal commodities normally move in lockstep.
When the US or global economies experience economic declines, investors rush into precious metal (gold or silver).
When financial markets freeze up, investors rush into precious metal investments.
Gold is the one asset that will always “exist” even if the world falls into an abyss, which nearly happened during the 2008–2010 financial crisis. This was the same period when financial markets came crashing down across the world, credit markets froze, banks stopped lending, and the Dow Jones index plunged 778 points in a single day.